Top Banks Accused of Greenwashing Amid Amazon Oil Financing

A recent report by Stand.earth and COICA accuses five leading banks of 'greenwashing' by inadequately protecting the Amazon when financing oil and gas extraction. The analysis reveals insufficient environmental and social risk management, urging banks to cease such financing to safeguard 80% of the rainforest by 2025.

Related Keywords

Brazil ,United States ,Ecuador ,Brazilian ,America ,Angeline Robertson ,Itau Unibanco ,Andre Cabette Fabio ,Kuiru Castro ,Thomson Reuters Foundation ,Citibank ,Coordinating Body ,Indigenous Organizations ,Amazon Basin ,Thomson Reuters ,Amazon Banks Database ,Indigenous People ,Social Risk Management Policy ,Indigenous Peoples ,Latin America ,Social Risk Policy ,Fany Kuiru Castro ,